FirmaIQ
Org.nr 911 746 298 2017 → 2018 Year-over-year analysis

AKADEMIET REALFAGSSKOLE DRAMMEN AS: årsregnskap 2018 vs 2017

Grew 115% on revenue

approved 2019-05-31; registry 2019-06-22; journal 2019 503093

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKADEMIET REALFAGSSKOLE DRAMMEN AS. Revenue 8.04m NOK → 17.30m NOK (+115.1%). Equity 104.7k NOK → 454.7k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKADEMIET REALFAGSSKOLE DRAMMEN AS.

At a glance

Scorecard

Revenue
8.04m NOK 17.30m NOK
+115.1%
Net result
+2 017 NOK n/m
—
Equity
104.7k NOK 454.7k NOK
+334.5%
Cash
470.6k NOK 4.85m NOK
+930.1%
Total assets
302.4k NOK 6.70m NOK
+2117.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.04m NOK to 17.30m NOK (+115.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 104.7k NOK → 454.7k NOK (equity ratio 34.6% → 6.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 470.6k NOK → 4.85m NOK (+930.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.01× → 1.73×. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 220.1k NOK → 426.4k NOK (+93.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 8.04m NOK → 17.28m NOK. Reported fact